Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On July 20, 2020, the Board of Directors (the "Board") of Tanger Factory Outlet
Centers, Inc. (the "Company"), increased the number of directors from seven to
eight and elected Stephen Yalof, the Company's President and Chief Operating
Officer, to the Board per the terms of his employment agreement with the
Company. Mr. Yalof will not be paid any director fees for his services as a
director of the Company, which is consistent with our current CEO's arrangement
as a director of the Company.
Mr. Yalof will serve as a director until the next annual meeting of shareholders
or until his successor is elected and qualified. Mr. Yalof has not been named to
serve on any of the Board's committees at this time.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses